In his departure statement ahead of his week-long visit, Modi referred to Indo-US relations and said working together, the two nations can contribute to building a more peaceful, stable, secure, sustainable and prosperous world.
The year 2015 may well turn out to be a watershed in global macroeconomic adjustment.
For its development, India needs a movement akin to the freedom movement, Prime Minister Narendra Modi said on Saturday.
He underlined that Lok Sabha election results in India show that the Modi government kept alive and strengthened the 'expectation of change' in the country.
IMF attributes the slower growth rate to supply-side bottlenecks.
It is in coal consumption that India most diverges from the rest of the world
Sales jumped 32% as compared to the previous year
In a bear market, prices may be irrationally depressed. In that case, an investor can identify mis-pricing, invest with a safety margin and wait. Since values are low, the risk is also low.
'It may take two years for the economy to return to normal.' 'We should ensure that the vulnerable do not dig into their savings or give up their assets because that will set them back by several years.'
The Budget loosened the reins on public spending to drive growth.
US budget deficit to come down to $583 billion in 2014
Analysts say the impact on Indian entities would not be immediate
Experts point to the bitter experience of countries including Mexico, Thailand, South Korea and Russia and desist from going forward with plans of issuance of such securities. They say rather than going abroad, the country should increase participation of foreign investor in the government securities which does not have any forex risk.
Given the volatility of the global marketplace, India is already on a strong wicket and well poised to provide a lucrative option to foreign investors.
Still, it is not expected to gain much strength and will likely trade around Rs 63.00 to the US dollar by the end of April.
While stating that a strong government should be led by those who have expertise, motivation and integrity and can provide the needed public good, Rajan warned that "strong governments, may not, however, move in the right direction".
India's economy - ranked eighth in 2015 with a GDP of $2 trillion - is projected to climb past Brazil, the United Kingdom, France, Germany and Japan and become the world's third-largest in 2030 with a GDP of $7.3 trillion.
Amid reports that Telugu Desam Party is cosying up to National Democratic Alliance, party chief N Chandrababu Naidu on Wednesday shared the stage with Bharatiya Janata Party's Prime Ministerial candidate Narendra Modi at a programme in New Delhi and heaped praise on the erstwhile Atal Bihari Vajpayee government.
Election results, diesel & gas pricing moves, labour law changes - all stoke anticipation of more cheer ahead.
Congress trained its guns on the National Democratic Alliance dispensation on a wide range of issues including economy, employment, price rise and foreign policy.
This flight of capital began in early August due to risk-aversion created first by rising geopolitical tensions due to North Korean aggression and second by the US Fed's decision to shrink its balance sheet
In 2015-16, reforms will take hold, growth in GDP, will accelerate, and government processes and statutory clearances will speed up
With GDP growth improving to a nine-quarter high of 5.7 per cent and the stock market brimming with optimism, now is the time for Modi to keep his promises.
There has been no discussion so far on cutting Plan expenditure, the Planning Commission said on Thursday even as it asked states to maintain fiscal discipline.
The gates of NRG Stadium will open at 6 am to accommodate and seat 50,000 people by 9 am, after which cultural programme will begin and continue till 10:30 am, and will be broadcast live in Hindi, English and Spanish languages followed by the address of the two leaders.
'50% of students lose out because of lack of English language skills.' 'Only 15% to 20% have the functional skills companies are looking for.'
'The most important issue for Indians, the only way in which to get them quickly out of poverty, is sustained high growth.' 'If we are not doing that despite a strong government and a leader with clarity of vision and purpose, we are facing big trouble.'
.jpg)
Many countries, including Japan, are having deflation and they are trying to go back to an era of inflation.
'Long-term retail investors should not worry about these sharp dips and jumps if they have chosen their stocks wisely.' 'Short-term volatility is a given and a rise and fall of two-three per cent should not worry them.'
It said the decision was a result of the United States government's 'pro-growth economic agenda'.
But much depends on govt action & global economy; Sensex gains in 2070 the biggest in five years
The Nifty is up 6.5% in the last 12 months. The NSE IT Index is down 10% in the same period. But will the sentiment improve going ahead?
With 75 per cent of votes counted, the ND party was leading with 39.6 per cent of total votes heading towards a majority in the 300-member Greek Parliament, while Tsipras' leftist Syriza was behind with 31.6 per cent of total votes, CNN reported.
There has been no reboot of the private investment cycle.
'By 2020 around 34% of India's population will be in the 15-34 age group.' 'More than 70% of them live in rural areas.' 'Their energy and enthusiasm need to be tapped in order to meet their aspirations and transform agriculture and the rural economy,' says P K Joshi.
While enjoying long-awaited economic good times - and hoping they will last as long as possible - some caution and some prudence might be the best protection against bad surprises, says Claude Smadja.
The US is the biggest market for the outsourcing industry.
India will soon make available many more COVID-19 vaccines to other countries after two Made-In-India jabs have already been introduced to the world, Prime Minister Narendra Modi said on Thursday while emphasising the country's global responsibility in fighting the pandemic.
Prime Minister Narendra Modi on Thursday launched the ambitious 'Make in India' campaign to make India a global manufacturing hub, create jobs and boost economic growth.
The government is determined to stop generation of black money, he said.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances